Identify three criticisms of the tuition tax credit.
What will be an ideal response?
(1) It would create a two-class educational system. (2) Parents of minority students would still have to have the means of paying anything over the amount of the tax credit. (3) It would benefit parochial and religious schools calling into question the issue of separation of church and state.
Political Science
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An economic model that maintains that a higher rate of taxation can result in lower government revenues is called __________
a. the Buffet rule b. the Laffer curve c. the OMB factor d. progressive taxation
Political Science
The externality of pollution has the basic characteristics of a
a. perishable good. c. collective good. b. private good. d. forced good.
Political Science